foreigners says the Manager of Valfrance

While Jérôme Kerviel, the former Société Générale trader, was free of the premises of the financial brigade, in the former building of the newspaper "Le Monde", boulevard of the Italians in Paris, Christian Cambier sent on the evening of January 28 (Monday) to its customers a "flash" of a page entitled "Grande laundry": it had the enormous merit of drawing the boundaries become blurred between the "real" and the "virtual" financial markets world. The CEO of Prigest Corporation are usefully reminded "which manufactures fellowship courses on a financial market (the fundamental, cash flow and the psychology)" and launched a message of hope: "There is no doubt that lessons will be drawn from the financial crisis of 2007 and 2008, replacant reality first online, there where the virtual given a period of glory to the magicians"the équilibristes and other funambules, in a globalised world which desperately seeks its marks and a new way to turn the place.

The approach taken by Christian Cambier is actually not much to do with the financial folly that financial markets had engaged for some years. "I want to have values that correspond to the real." "I fled the virtual," he said. He fled the long... The CEO of Prigest is the only Manager to manage the same funds for as long. It manages the funds of French shares Valfrance for twenty-three years! Have clients who follow since the beginning, as he says himself, "hit fourteen times the last". The value of the mutual fund shares grew by 13 per year actuarial rate.

Christian Cambier defends the idea that the term plays a vital role in the quality of management. It allows to escape the tyranny of charts which many managers are submitted. "Should follow his convictions and to hold, he said." If you have well measured your risk, you can enable you to stay true to your beliefs.

What beliefs strong of the Manager of Valfrance "I buy a product and a boss, he says." I buy never a value without having met the CEO of the company. "It is set as a rule meet each pattern of the firms in which it is invested once per year. Leaders of the companies "interviewed" by the CEO of Prigest have become accustomed to the fire of his questions...

All the values proposed for "Les echos" by Christian Cambier and contained in the portfolio of the Valfrance Fund, which holds more lines (30), are listed in Paris. "It is a market I know forty years", he said. But the world of management of the company Prigest is not reduced to the France. Japanese values Fund is the first positions of the charts.

French, but not too

French, but not too! "All my titles are...". "foreigners", says the Manager of Valfrance. None of my titles are franco-français. They are concerned with the world. "All companies to which it is concerned are companies that deploy their activities throughout the world. It thus globalized world or to be more precise values. They exercise their activities or they sell their products anywhere in the world. Companies whose markets are not in China, Africa, Latin America or Eastern countries have, in his view, no future. "The world economy ahead forced March, finds." The pace at which progress has never been as fast for fifty years. "For him,"it is possible to see the world by the only French Prism. " French companies to which it is concerned are well placed to take advantage of global growth. Thus Michelin: "multiple of capitalization of Michelin is only 8", he said. Development prospects of the activity of Michelin in the world especially China appear very attractive. Tyres for aircraft market is also very promising. EADS is also part of the choice of the Valfrance Manager. The EADS order book represents more than six years of turnover. Christian Cambier is allows the play on words, as Michelin and EADS "of engines values." The fact that the President of the Republic, Nicolas Sarkozy, is invested for personally in certain industrial records spoil nothing in the eyes of Christian Cambier, who recalled the commitments made by the former Minister of economy for Alstom a few years ago. He is convinced that the new President of the Republic "is determined to save EADS as he was determined to save Alstom".

The backlog of Latécoère is also well filled. It is filled for eight years. Christian Cambier said that la société française, subcontractor of EADS, is the only manufacturer of doors for aircraft in the world. AREVA is also a global value since the company sells nuclear power plants around the world. "War machine" enthusiasm Valfrance Manager, which flowing praise for Anne Lauvergeon. Christian Cambier believes in Valeo. "The course of the title was divided by two because of the carelessness of some managers", he said. One exception to the rule that it is set to not hold financial values, SCOR has not brought it previously expected satisfaction. But he remains convinced that Denis Kessler, the CEO of the reinsurance company, will succeed. It also notes that insurers and reinsurers have increased premiums, while large claims are much less likely for some time. Christian Dior represents, for him, a small foray outside the universe of production. Christian Cambier said "play the haircut by report to LVMH". The luxury industry seems it to be the best example of globalized activities.

The Valfrance Fund Manager sees a common point pleases between Bongrain, Rémy Cointreau and Areva. Which one Response of the individual: "the common point of these values is the rarity." There is a lack of milk, there is a lack of cognac and lack uranium! "Take that example,"to nine years to produce a high range cognac. " "When the prices go up, transformers are winning," he says. Must focus on the "good" Transformers! Processors of technology for their part see their prices collapse (as in the area of chips or television screens). For example, 60 of the capitalization of Areva are composed of uranium, as the CEO of Prigest. Cements French, another of his companies preferred, is still part of the values which the markets are global after being only French.

More realistic values separated by worlds away from the virtual finance défraye Chronicle these days!